7411 Sieloff Drive
Hazelwood, MO 63042
Listed: March 25, 2025
Closed Date: September 11, 2025
Text for showing or question.

$420,000
MLS# 25016936
Residential Income
Status: Closed

7411 Sieloff Drive
Hazelwood, MO 63042

$420,000
Status: Closed
Text for showing or question.

Bedrooms

Beds

Bathrooms

Bath

5722

Sq Ft Above Grade

Sq Ft

0.072
Acres

MLS# 25016936

Days On Market: 263

Listed: Tuesday March 25, 2025
Closed Date: September 11, 2025

Times this home has been viewed: 1211

This portfolio features seven diligently maintained condos located close to each other in Hazelwood on Sieloff Drive. All 7 units are currently occupied. These condos are all two-bedroom, one-bathroom units with the exception of one 3-bedroom, 1-bathroom unit. Many of these units have had the same tenants for several years and are in good condition. The current monthly rental income totals $63,900 annually with current annual expenses of $21,666, resulting in a net annual income of $42,234. At the current list price, assuming 80% LTV 30yr amortization and 7% rate this condo portfolio is lender friendly, exceeding a 1.5 DSCR. There is potential for even higher net income as the units are currently rented below market rates. Property maintenance is hassle-free with the condo association handling all exterior repairs, landscaping, and parking areas. Amenities include off-street parking, in-unit or on-site laundry, and all-electric utilities, covering water, trash, and gas expenses.

Property Description

Photo: 3